Ballester Hermanos retirement plan: assets, participants and fees
What Ballester Hermanos' retirement plan plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Bppr - Popular Fiduciary Services | Schedule C ↗ |
| Independent auditor | Driven Psc (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Profit-sharing · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
How the plan compares
Plan year 2024 medians for 501 defined-contribution plans in wholesale trade with 500 to 999 participants.
| Ballester Hermanos: employer contribution per participant | $1,179 | |
| Peer median | $1,855 |
| Ballester Hermanos: average balance | $44,422 | |
| Peer median | $72,906 |
| Ballester Hermanos: admin expenses ÷ assets | 0.26% | |
| Peer median | 0.22% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $26.7M at the end of plan year 2021 to $36.4M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 843 | $36.4M | $966K | $1,179 | 0.26% | Not published | Form 5500 ↗ |
| 2023 | 587 | $29.5M | $810K | $1,395 | 0.25% | Not published | Form 5500 ↗ |
| 2022 | 724 | $23.1M | $1M | $1,398 | 0.36% | Not published | Form 5500 ↗ |
| 2021 | 708 | $26.7M | $737K | $1,043 | 0.57% | Not published | Form 5500 ↗ |
Common questions
Does Ballester Hermanos match 401(k) contributions?
The match terms for the Ballester Hermanos, Inc. Retirement Plan have not been published from its filing yet. The plan year 2024 filing reports $966K in employer contributions, about $1,179 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Ballester Hermanos 401(k) match vested?
The vesting schedule for the Ballester Hermanos, Inc. Retirement Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Ballester Hermanos 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Bppr - Popular Fiduciary Services. The plan administrator is Ballester Hermanos Inc..
I left Ballester Hermanos. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Ballester Hermanos Inc., (787) 788-4110) or the recordkeeper, Bppr - Popular Fiduciary Services. The Ballester Hermanos old 401(k) page lists the contacts from every plan filing. Find an old Ballester Hermanos 401(k)
Data from the public Form 5500 annual reports Ballester Hermanos filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Ballester Hermanos. Not financial advice. Report a correction · Methodology